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Assicurazioni Generali M&A Activity 2024
4190_tar_2024-03-01_4813feb1-8af5-478f-a90d-fc35da31b119.pdf
M&A Activity
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| Informazione Regolamentata n. 0018-9-2024 |
Data/Ora Inizio Diffusione 1 Marzo 2024 19:09:32 |
Euronext Milan | |
|---|---|---|---|
| Societa' | : | ASSICURAZIONI GENERALI | |
| Identificativo Informazione Regolamentata |
: | 186793 | |
| Utenza - Referente | : | ASSGENERN06 - CATALANO | |
| Tipologia | : | REGEM; 3.1 | |
| Data/Ora Ricezione | : | 1 Marzo 2024 19:09:32 | |
| Data/Ora Inizio Diffusione | : | 1 Marzo 2024 19:09:32 | |
| Oggetto | : | Generali completes disposal of TUA Assicurazioni to Allianz |
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| Testo del comunicato |
Vedi allegato
01/03/2024 PRESS RELEASE
Generali completes disposal of TUA Assicurazioni to Allianz
Milan – Generali has completed the disposal of TUA Assicurazioni S.p.A. to Allianz.
The transaction is aligned with the implementation of the Group's "Lifetime Partner 24: Driving Growth" strategy in Italy to pursue profitable growth, reduce complexity with the aim of making its operating machine more efficient and to increase P&C diversification.
The transaction generates a positive impact of around € 50 million on the net profit, and a neutral effect on the normalized net profit, adding approximately 1 p.p. to the Group Solvency II position.
Mediobanca – Banca di Credito Finanziario S.p.A and Rothschild & Co acted as financial advisors and law firm Gianni & Origoni acted as legal advisor for the transaction.
THE GENERALI GROUP
Generali is one of the largest global insurance and asset management providers. Established in 1831, it is present in over 50 countries in the world, with a total premium income of € 81.5 billion in 2022. With 82,000 employees serving 68 million customers, the Group has a leading position in Europe and a growing presence in Asia and Latin America. At the heart of Generali's strategy is its Lifetime Partner commitment to customers, achieved through innovative and personalised solutions, best-in-class customer experience and its digitalised global distribution capabilities. The Group has fully embedded sustainability into all strategic choices, with the aim to create value for all stakeholders while building a fairer and more resilient society.
Investor Relations T +39.040.671402 [email protected]
| Fine Comunicato n.0018-9-2024 | Numero di Pagine: 3 |
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